Following the sharp pullback seen over the two previous sessions, stocks are likely to see further downside in early trading on Monday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 197 points.

Stocks showed a notable move to the downside during trading on Thursday, giving back ground following the rally seen over the course of the previous session.

Stocks moved mostly higher during trading on Tuesday, extending the rebound seen over the course of the previous session. With the upward move, the major averages further offset the pullback seen late last week.

British Prime Minister Boris Johnson has returned to work after recovering from coronavirus infection. Johnson was tested positive for coronavirus with mild symptoms on March 27. He was admitted to St Thomas' Hospital in London after 10 days with persistent symptoms. He was moved to intensive care unit later as his symptoms worsened. He was discharged from the hospital on April 12 after spendin

Former President Barack Obama has endorsed Joe Biden as the Democrat candidate for president. In a 12 minute long video message Tuesday, Obama said his former vice-president could unify and heal the United States as it passes through some of its darkest moments. "I'm so proud to endorse Joe Biden to be president of the United States," Obama said. "Choosing Joe to be my vice president was one of

The outcome of the monetary policy committee meeting of the Bank of England and the monetary policy report are due on Thursday, headlining a busy day for the European economic news. Policymakers are likely to unanimously vote to hold the benchmark interest rate at 0.10 percent and quantitative easing unchanged at GBP 645 billion.

The Bank of England maintained its key interest rate at a record low and refrained from unveiling additional quantitative easing, on Thursday, as the economic outlook remains uncertain due to the impact of the coronavirus, or Covid-19, pandemic. However, Governor Andrew Bailey kept the door open for further easing as the economy is set to contract the most in more than 300 years due to the lockdo

Netflix has acquired global rights to the upcoming heartwarming comedy-drama The Starling from Limelight, Entertainment One (eOne) and Boies Schiller Entertainment. The streaming service reportedly paid around $20 million for distribution rights for the film.Its release date has not yet been scheduled. Directed by two-time Academy award nominee Theodore Melfi, the film tells the story of a mar

The major U.S. index futures are currently pointing to a lower opening on Monday, with stocks likely to give back ground following the strong upward move seen last week.

Shares of Telefonica SA were losing around 2 percent in the trading in Spain after the telecom major on Thursday reported weak first-quarter profit and withdrew fiscal 2020 guidance due to the current level of uncertainty amid Covid-19 impact. However, for the mid-term, the company backed 2022 guidance of revenue growth. Separately, Telefonica announced an agreement with Liberty Global.

States are in dire financial trouble because of the coronavirus pandemic. Some Republican leaders in Washington D.C. have suggested states declare bankruptcy, but is that a possible option?

Presidential hopeful Joe Biden is speaking out about the sexual assault allegation against him. He's doing the difficult balancing act of respecting the accuser but denying the charges.

Cynthia Lam is a trauma nurse with experience in war zones. She's now traveled to Connecticut to help take care of COVID-19 patients. She shares her story as part of our Outbreak Diaries project.

NPR's Scott Simon talks to baseball legend Andre Dawson, a Hall-of-Fame member and National League MVP for the Chicago Cubs, about his second career as a Miami funeral director.

Indian shares may open higher on Friday, mirroring positive global cues after several U.S. companies posted better-than-expected earnings overnight and the Bank of England kept the door open for more stimulus next month.

The services sector in Japan continued to contract in April, and at a much more severe rate, the latest survey from Jibun Bank revealed on Friday with a record-low services PMI score of 21.5.

The Australian economy is set to log its biggest contraction in the history due to the coronavirus, or Covid-19, pandemic, the Reserve Bank of Australia said Friday. In its quarterly statement on monetary policy, the central bank said gross domestic product is expected to contract around 10 percent over the first half of 2020, mostly concentrated in the June quarter.